GoldenSource Plans Product Innovation Following Acquisition by Gemspring Capital
GoldenSource is planning to innovate its enterprise data management (EDM) and master data management (MDM) solutions, and accelerate global growth following its acquisition by Gemspring Capital. Product innovation will include building and buying adjacent solutions to the EDM platform. GoldenSource CEO John Eley, describes the acquisition as a strategic investment in the company’s growth. He...
Date: 25 May 2022 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Traditionally, trading organisations have procured and managed hardware themselves or through a third-party to support data services in a hosted environment – but as large firms look for efficiencies and smaller firms seek external help so they can focus…
The briefing will explore challenges around assembling and evaluating ESG data, how to apply new technologies to improve data quality and insight and the impact of regulatory measures on standardisation efforts.
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The ESG landscape is changing faster than anyone could have imagined even five years ago. With tens of trillions of dollars expected to have been committed to sustainable assets by the end of the decade, it’s never been more important for financial institutions of all sizes to stay abreast of changes in the ESG data…
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Northern Trust will offer portfolio management, order and execution management system (OEMS), and analytics capabilities to clients through a new arrangement with Enfusion Inc., a provider of cloud-native investment management software and services. Through the collaboration, the two companies will offer buy-side clients a fully integrated, end-to-end solution that aims to streamline workflows. The partnership...
“He who cares wins.” If the many takeaways from A-Team Group’s inaugural ESG Data and Tech Summit in London last week could be summarised in one quote, it is that from Sean Taylor, Executive Director, Canaccord Genuity Wealth Management. The former military serviceman paraphrased the slogan of the UK’s elite army corps, the SAS, to characterise...
GoldenSource is planning to innovate its enterprise data management (EDM) and master data management (MDM) solutions, and accelerate global growth following its acquisition by Gemspring Capital. Product innovation will include building and buying adjacent solutions to the EDM platform. GoldenSource CEO John Eley, describes the acquisition as a strategic investment in the company’s growth. He...
Know Your Customer (KYC) and client lifecycle management (CLM) specialist Fenergo has introduced FinCrime Risk, a SaaS-based solution for automating risk assessment processes and streamlining anti-money laundering (AML) compliance across all business lines and geographical locations. The SaaS-based solution allows financial institutions to conduct risk assessments for clients and counterparties as they attempt to address...
The European Union’s ESG reporting regulations continue to evolve and represent the biggest recognition yet by any international authority of the role that financial institutions will play in the climate transition. The Sustainable Finance Disclosure Regulation (SFDR), the EU Taxonomy, the Non-Financial Reporting Directive (NFRD) and the Corporate Sustainability Reporting Directive (CSDR) are intended to...
The expanded footprint of electronic non-bank liquidity providers (NLPs) and established broker/dealers, as well as the proliferation of electronic aggregation platforms, are all adding complexity to fixed-income markets, which as a result are starting to resemble established electronic markets like equities and foreign exchange. For market participants, this has added to the challenge of sourcing...
Financial institutions and corporations often generate huge quantities of data as a by product of their core activities. This data – details of historical transactions, customer interactions and metadata for referring to instruments, counterparties or entities – can provide valuable insights for industry participants, and form the basis of a meaningful data sales business. But...
Know Your Customer (KYC) is a process to which financial institutions must adhere in order to comply with global Anti-Money Laundering (AML) regulations. It requires the institution to verify the identity of its clients and to obtain detailed due diligence information in order to assess the potential risk of illegal activity. Find out more on our Knowledge Hub.
Data lineage traces data from source to destination, noting every move the data makes and taking into account any changes to the data during its journey for full traceability. It is critical to regulatory compliance and offers numerous business and operational benefits. Read all about what it is, who it impacts, what the challenges and potential solutions are, as well as review our latest content on the topic and a list of solutions providers.
Regulatory reporting comprises the submission of raw or formatted data as required by regulators to evaluate and track the financial and operational status of financial institutions and their compliance with required regulatory provisions. Find out all about it in our Knowledge Hub.
Parameta Solutions, the Data & Analytics division of TP ICAP, has become the first FCA- authorised interdealer-broker to administer OTC benchmarks and indices. The company also takes over administration of the nine TP ICAP mid-price interest rate swaps benchmarks that were previously administered by Moorgate Benchmarks Ltd. As a benchmark administrator, Parameta will look to…
Data and analytics provider BMLL has announced a collaboration with financial services company Kepler Cheuvreux. BMLL will provide Kepler Cheuvreux’s Quant Research and Algo Development Teams with access to the BMLL Data Lab and granular Level 3 Data, to carry out in-depth order book analytics and optimise algo performance. Through the collaboration, Kepler Cheuvreux’s Quant…
OSTTRA, the post-trade solutions company formed in 2021 through the combination of MarkitServ, Traiana, TriOptima and Reset, has launched OSTTRA Trade Processing for Repos, powered by MarkitWire, the electronic trade confirmation and processing platform. The new service will establish a set of industry-standard electronic workflows for Repo trade confirmation and lifecycle event management, built on…
Following the announcement earlier this year that electronic trading solutions provider Horizon had entered into exclusive negotiations with investment company Sagard NewGen, Sagard NewGen has now acquired a majority stake in the firm, alongside a management buy-out, to support expansion into new markets and strategic capabilities. With the new investment, Horizon will focus on expanding…
FNZ has deepened its ties with GIST, making a “strategic investment” in the sustainable data and analytics provider to extend its own ESG offering to wealthy clients. The New Zealand-founded digital wealth management platform said the deal would help enrich corporate data on FNZ Impact, the company’s sustainable investment tool that links its clients with…
A new study that puts a dollar cost to climate-related performance reporting has found that the cost of gathering, analysing and reporting data by financial institutes is $1.37 million annually, while corporate issuers spend US$533,000 a year on disclosures. The report by The SustainAbility Institute by ERM for Ceres and Persefoni, also found that firms…
Encompass, a provider of a Know Your Customer (KYC) automation platform, has set up a transformation team charged with ensuring banks reap the benefits of automation initiatives. The team will help companies define what success means and facilitate organisational alignment required to achieve KYC transformation. Encompass transformation directors include former Barclays senior executive Howard Wimpory,…
Bloomberg has released a price transparency data solution aimed at helping clients tackle the regulatory challenges presented by SEC Rule 2a-5’s requirements for readily available market quotations. The solution is powered by BVAL, Bloomberg’s evaluated pricing service, and is available to BVAL customers ahead of the compliance data of 8 September, 2022 for new SEC…
Financial technology provider Iress has helped its client Kepler Cheuvreux to improve trading outcomes in its first full year or use. Iress is now Kepler Cheuvreux’s unique market data provider for all front-office applications, delivering the high-performance API data feeds that power the Kepler Cheuvreux ecosystem. Kepler Chevreux’s recent review of Iress’ performance highlighted a…
The Johannesburg Stock Exchange (JSE), the largest stock exchange in Africa, has deployed a new information service, JSE Trade Explorer, in collaboration with data and analytics solutions vendor big xyt. Using peer group rankings, the service will enable firms that trade on JSE to explore their market share, examine how they interact with the order…
Transaction Network Services (TNS), the infrastructure, connectivity, market data and analytic services provider, has leveraged its Layer 1 switching solution to deliver ultra-low latency mutualised market access and network connectivity to the Aruba Global Data Centre IT3 in Bergamo, Italy, in readiness for Euronext’s planned go-live in June. The company has announced that operations now…
Sustainable Trading, the non-profit organisation dedicated to transforming environmental, social and governance (ESG) practices in the trading industry, founded by industry veteran Duncan Higgins earlier this year, has announced an additional 11 firms have joined its membership network. This brings the total number of members of 41 financial services organisations. As well as working with…
Financial transaction management solutions provider SmartStream Technologies has launched a new Eligibility API for Collateral Management Optimisation, which aims to offer a faster and more efficient way to contain eligibility information within collateral agreements, for both pre- and post-trade collateral optimisation. The Eligibility API will enable SmartStream’s clients to source eligibility information from OTC and…
Bloomberg has released the common data format 3.1 (CDF 3.1) for Legal Entity Identifiers (LEIs). The latest CDF published by the Global LEI Foundation includes six entity category data fields that depict the type of legal entity, such as investment fund or government entity, as well as residential government entities, types of fund relationships and…
Refinitiv, an LSEG business, has made its quantitative data available on Snowflake’s financial services data cloud, allowing asset managers and hedge funds to access the data alongside existing vendor and proprietary data on the Snowflake data cloud. The Refinitiv data includes a repository of 60-plus financial data sets, quantitative alpha models and other third-party and…
Trade surveillance and market risk solutions vendor Eventus has hired Scott B. Leader as Managing Director, APAC, to head the company’s sales efforts in the Asia-Pacific region. Based in Sydney and reporting to Eventus’ Global Head of Sales Scott Schroeder, Leader has nearly three decades of financial services, sales and management experience throughout APAC and…
TP ICAP, the market infrastructure and information provider, has appointed Mark Govoni as CEO of its Agency Execution division. Based in New York, Govoni replaces John Ruskin who, having successfully led the integration of Liquidnet into the TP ICAP Group, will step away from the business at the end of June. Govoni joins TP ICAP…
ADAM (The Association for Digital Asset Markets) has appointed Mike Castiglione, Director of Regulatory Affairs, Digital Assets at Eventus, as Chair of its new National Security Working Group. Castiglione, a former Central Intelligence Agency (CIA) officer, brings broad national security experience to the role. Building on its previous efforts in the national security space, ADAM…
Trading software, infrastructure and data solutions vendor Trading Technologies, has appointed London-based industry veteran Nick Garrow in the newly created position of EVP Multi-Asset & Buy Side. Garrow has more than 20 years of senior management experience in capital markets and prime brokerage, most recently at Societe Generale (SG) Prime Services in London, where he…
Fixed income trading software company Axe trading has appointed Greville Lucking as its new Chief Executive Officer. Lucking has been with the firm since 2018 in the role of Head of Customer Support & Integration. Earlier in his career, Lucking was Chief Operating Officer of EMBonds until their acquisition by BGC Partners in 2018. He…
smartTrade, the provider of electronic trading solutions, has strengthened its Executive Leadership Team with the appointment of Carine Denis as Global Head of Business Operations, Renaud Kerspern as Chief Financial Officer and Elise van der Schans as Chief Human Resources Officer. Denis joins from Finastra where her roles included those of Regional Operating Officer and…
Trade surveillance and market risk solutions vendor Eventus has appointed Nick Wallis as as Managing Director for the Europe, Middle East and Africa (EMEA) region. Wallis has extensive experience in financial markets, energy derivatives and technology, including 12 years at Nasdaq, where he ran its surveillance sales and account management in EMEA, having moved into…
Agency broker Liquidnet has appointed James Rubinstein as Head of Execution and Quantitative Services (EQS), Americas, based in New York. Rubinstein will be responsible for setting and leading the strategic direction for Liquidnet’s EQS offering in the region, and will report directly to Rob Laible, Global Head of Equities. Rubinstein joins Liquidnet from BNP Paribas,…
Broadridge has appointed Stephan Müller as managing director for Germany. Based in Frankfurt, Müller will join Broadridge’s international leadership team and will be responsible for leading and growing Broadridge’s overall business in Germany across all solution lines in its global technology and operations portfolio, and its investor communication solutions. He will also manage Broadridge’s Payments-as-a-Service…
Data and analytics vendor BMLL has appointed Tim Baker as Senior Adviser. Based in New York, he will be responsible for growing BMLL’s US client base, developing and implementing the company’s growth strategy in the region, in response to increasing client demand for the company’s Level 3 Data and Analytics. Baker is a seasoned innovator,…
Pico, a provider of technology services for the financial markets community, has named Stacie Swanstrom as Chief Product Officer. Following the company’s recent acquisition of Redline Trading Solutions, Swanstrom will lead Pico’s newly expanded product management team to deliver new product innovation through PicoNet, the company’s ultra-low latency global network. Swanstrom’s experience includes 27 years…
Delta Capita, a capital markets consulting, managed services and technology provider, has appointed Steve Hargreaves as head of consulting, UK. The company’s mission is to reinvent the financial services value chain, with the role of the consulting business being to create long-term partnerships with financial services clients, design and deliver the change they need, and…
Trade surveillance and market risk solutions vendor Eventus Systems has appointed Josh Bosquez as Chief Technology Officer. Based in Frisco, TX, and reporting to CEO Travis Schwab, he will oversee the team of engineers that design and maintain the firm’s Validus platform. Bosquez joins with 24 years of software engineering experience, including more than 20…
Financial technology solutions provider Etrading Software has expanded its management team by appointing James Haskell as Chief Operating Officer and David Lane as Chief Technology Officer. Both will join the board. Haskell, who steps up from his role as Business Operations Officer at the company, previously spent 13 years at Goldman Sachs in various senior…
Trade surveillance and market risk solutions provider Eventus Systems has hired Jeff Bolke as Chief Revenue Officer, based in Austin, Texas. Bolke has held a number of executive and sales leadership roles at firms including Accruent, IBM and Tibco, and was most recently EVP, sales, at Planview Inc., a provider of portfolio and work management…
The call for entry/nomination phase of the brand new ESG Insight Awards is now CLOSED! The ESG Insight Awards have been designed to shine a light on ESG providers and celebrate innovations that help us make progress with such an important goal for the industry.
The votes have been counted and we are pleased to announce the winners! These awards celebrate providers of leading RegTech solutions, services and consultancy. These awards are uniquely designed to recognise both start-up and established providers who are creatively finding solutions to help with regulatory challenges, and span a wide range of regulatory requirements.
The call for entry / nomination phase in the 2nd annual RegTech Insight Awards USA is now open! These awards celebrate providers of leading RegTech solutions, services and consultancy and are are uniquely designed to recognise both start-up and established providers who are creatively finding solutions to help with regulatory challenges, and span a wide range of regulatory requirements.
